Various captive insurance domiciles currently on the EU’s ‘grey list’ have been asked to address concerns relating to economic substance lest they get put on the blacklist. But what exactly does that mean? Captive International has the details.
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Captive insurers in Bermuda, the Cayman Islands and Barbados (BCIB) have persistently strong operating results that continued to outperform the US commercial market sector, according to AM Best.